Russia and Saudi Arabia agreed over the weekend to continue the cooperation of managing supply of crude oil to the market which was initiated in late...
Oil ministers in “OPEC+” met in Abu Dhabi this weekend. There were many grades of statements but the overall takeaway was clear: “There will be cuts...
We maintain our view that the sell-off since 3 October when Brent crude peaked at USD 86.3/bl will turn to bullish by mid-November. About one week...
Brent crude shed 4.2% yesterday closing at $76.44/bl. It has traded slightly to the upside this morning but more downside seems likely in the short term....
Crude stocks have been rising in the US and WTI prices have pushed lower and dragged Brent crude prices with them lower with Brent trading at...
Rarely have we seen such a brutal break of a major level as when Brent crude broke above $80/bl on September 24. It did not spend...
If you mess with the Middle East then the most natural thing to expect is that you will get a high oil price in return. Donald...
Price action – EM debt concerns, copper sell-off and rising US crude stocks Brent crude yesterday rebounded 1.8% to an intraday high of $73.92/bl as the...
Brent crude fell back 1.1% yesterday to $74.73/bl while it intraday was down as much as 2.4% to $73.74/bl following the forceful message from Russia and...
Brent crude fell back 0.3% to $75.08/bl ydy after a strong rebound on Mon but is again up 0.8% this morning to $75.7/bl. It is taking...
